For Intraday
PFB for steps,

1) World market, Asian market trend.

2) FII activities in the recent past (two to three days).

3) Indian market (Nifty) trend – positive or negative

4) Market Breadth (Advance decline ratio) based on price.

5) Market Breadth (Advance decline ratio) based on turnover.

by checking the above, check whether the overall market sentiment is positive or negative.

Now, choose a particular sector which aligns in the best way with the overall trend.

In this sector, chose a stock which has good Turn over and aligns in the best way with the trend.
Now choose to be long or short in this stock, according to the trend (in line with the trend) and keep a target and stoploss which the stock should be able to achieve within the day.

1 Comment
  1. vignesh 6 years ago

    Hi sir,
    your answers are brief and appropriate, will be useful to recall.

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